Unemployment stable at 2.9% in March
The unemployment rate has been stable for a year.
During March 2023, the number of unemployed persons was 8,937.
Unemployment remained stable at a historical low of just under 3% in March, according to official data published on Thursday.
The National Statistics Office said the seasonally adjusted monthly unemployment rate stood at 2.9 per cent, decreasing by 0.1 percentage points from the previous month.
The unemployment rate has been stable at around 3 per cent over the past year.
The unemployment rate for persons aged 15 to 24 years (youth unemployment rate) was 9.2 per cent, while the rate for those aged between 25 and 74 years remained stable at 2.3 per cent.
Source: Times Malta (2023, April 27). Unemployment stable at 2.9% in March, Times Malta. https://timesofmalta.com/articles/view/unemployment-stable-29-march.1027943